While the Indian cricket board (BCCI) remains confident that it will be allowed to continue with the existing process of auctions to sell the Indian Premier League (IPL) media rights for the next five years, the industry believes time has come for a change in processes and mindsets. Integral member of the Committee of Administrators (CoA), Vinod Rai, who is also a former Comptroller and Auditor General (CAG) of India, responded saying that the revenue of the Indian cricket board would take a hit if the e-auction process is undertaken.
The IPL governing council at its meeting held on July 11 had evaluated the ITT (invitation to tender) for the IPL media rights and reconfirmed that the existing BCCI tender process was the best approach, both in terms of absolute transparency and free and fair price discovery, the BCCI had said.
Swamy, however, said he wanted to file an interim application highlighting alleged collusion and conflict of interest on behalf of a BCCI funtionary who also runs a news channel.
In response to a plea filed by Member of Parliament Subramanian Swamy asking for e-auction of the IPL media rights, the Apex court ruled that e-auction isn't a must and that it will not interfere with the media rights process. It said that "the e-auction stand closed".
Swamy had asked for an e-auction keeping in mind the reforms suggested by the RM Lodha Committee a year ago to ensure transparency.
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It has since been downgraded to a tropical storm , but more rain is expected to fall on the fourth-largest U.S. city. Texas was in the early stages of turning back on power - restoration of power is one of its biggest needs.
He had said that the amount involved in the award of IPL media rights was to the tune of Rs 30,000 crore and the issue should not be decided in an "opaque" manner. Rai had previously backed the idea of inviting closed bids.
The matter got complicated after Dish TV chairman Jawahar Goel wrote to Ministry of Information and Broadcasting arguing that "if Star India managed to get broadcast rights of IPL then a monopolistic situation in the sports broadcasting market would force viewers and subscribers to pay very high subscription rates".
The auction scheduled to begin on Monday has now been postponed for 1 September. The rights cycle is for five years from 2018 to 2022.
The three categories in which the rights are divided are as follows: Indian Sub-continent Television Rights, Indian Sub-continent Digital Rights and Rest of the world (ROW) Media Rights.
He announced that owner Robert McNair would donate the money through the United Way's fund for Hurricane Harvey relief. Water levels are expected to continue to rise in southeast Texas with more heavy rain forecast for the coming days.
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In the song, needless to say Aditi Rao Hydari looks stunning and lovely as ever and newbie Sidhant also makes his presence count. Moreover, he added, "I don't think there could've been anybody better than Sanjay Dutt & Aditi Rao Hydari to play these roles".
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More than 100,000 Indian-Americans living in and around Houston area have also been badly hit by the monstrous hurricane Harvey . While Hurricane Harvey was blamed for the deaths, catastrophic flooding has struck Houston , the country's fourth largest city.
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